Stein: Under Pressure From Left, Obama Tries to Assuage Human Rights Groups' Concerns

May 21, 2009

Under heavy criticism for a series of decisions on national security that resembled, for some, those of the Bush years, President Barack Obama hosted a lengthy meeting on Wednesday with the leaders of several key human rights and civil liberties groups. Addressed were the topics that promise to be front and center during the President’s […]

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Industry Grapples With Requirements of New Climate Legislation, Passing on Costs to Consumers

May 21, 2009

WASHINGTON — The “American Clean Energy and Security Act” is one of the most ambitious efforts to re-engineer American social and economic behavior in decades, presenting risks and opportunities for a wide array of businesses from Silicon Valley to the coal fields of the Appalachians.

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Conservatives Take Aim at Supreme Court Candidates Wood, Kagan, Sotomayor

May 21, 2009

Reporting from Washington — As President Obama is interviewing candidates for the Supreme Court, prospective nominees are being debated and dissected on blogs and in chat rooms. Conservative groups have posted campaign-style attack ads on YouTube. Counter-strikes are being launched by liberal groups.

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Who's Afraid of a Bear Market? Turns Out, Nobody

May 21, 2009

NEW YORK (CNNMoney.com) — The market rally keeps chugging along. And even though some are concerned that stocks have moved up too quickly from their March lows, there is one undeniably healthy thing about this surge: Investors are not nearly as afraid about the economy as they were a few months ago.

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GQ's Robert Draper's Odd, Vague Attacks on Donald Rumsfeld

May 21, 2009

Five basic questions: We were struck by Maddow’s absurd analysis because we’d spent a bit of time reading Draper’s report—and marveling at the vagueness of its central claims. For ourselves, we’ve studied under Professor Ceci Connolly—and we’ve learned some valuable lessons from the good doctor. One lesson: If a professional writer fails to state his […]

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What if GM's Bondholders Got Cars Instead of Pennies?

May 21, 2009

Unsecured bondholders of General Motors(GM Quote) are looking at the prospect of pennies on the dollar for their investments. Perhaps cars for debt is a better option than equity for debt, even if it is an unlikely one.

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Jobs for Bankers Go Begging at Off-Limits Club

May 21, 2009

May 20 (Bloomberg) — If you want to find people with banking experience, one of the last places to look is inside the boardrooms of the country’s biggest banks. Citigroup Inc. recently appointed four new directors with significant banking or investing backgrounds. Yet such directors still represent less than a third of the industry’s independent […]

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ABC's Remake of Classic "V" Sci-Fi Series Prompts Political Reaction

May 21, 2009

So they remade V. Yes, as in V – The Original TV Miniseries*. Both Ace of Spades and Allahpundit are busily cleaning their tasty, tasty beverage of choice off of their monitors right now: watch the trailer and you’ll see why.

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Teenager Who Auctioned Off Virginity Online Talks About How Great it Was

May 21, 2009

A teenager who sold her virginity online for £8,800 has revealed the details of her tryst with the winning bidder. Alina Percea, 18, auctioned her virginity on a website so that she could afford to pay for her computing degree.

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California May Overhaul Constitution After Voters Soundly Reject Propositions

May 21, 2009

LOS ANGELES — Direct democracy has once again upended California — enough so that the state may finally consider another way by overhauling its Constitution for the first time in 130 years.

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